Venture Breakfast Bits, by 24/7 Market News

Venture Market News for September 28, 2018

  • Elixinol Global raises A$40m to accelerate international growth

    A$40 million institutional placement

    Majority of funds raised to be applied to facilitate the acceleration of Elixinol Global’s USA and European growth initiatives

SYDNEY, Australia, Sept. 28, 2018 (GLOBE NEWSWIRE) — Elixinol Global Limited (Elixinol Global, Group or the Company) (ASX: EXL; OTCQX: ELLXF), a global company operating in the industrial hemp, dietary supplements and emerging medicinal cannabis sectors, is pleased to announce that it has successfully completed a placement to domestic and international institutional and sophisticated investors raising A$40 million at A$1.85 per share (Placement), representing a 3.3% discount to the 15 day Volume Weighted Average Price (VWAP) of $1.91.

Full press release

  • Canacol Energy Ltd. Announces Closing of Sale of Conventional Oil Assets and Return of Capital to Shareholders in the Form of Shares of Arrow Exploration Ltd.

CALGARY, Alberta, Sept. 28, 2018 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to announce that it has closed the sale which include the majority of its remaining conventional oil assets in Colombia with Arrow Exploration Ltd. (“Arrow”). Aggregate consideration of US$40 million consists of USD$15 million cash (subject to customary closing adjustments), USD$20 million common shares (the “Arrow Shares”) of Arrow being 22,598,870 Arrow shares, and a USD$5 million promissory note to be paid by Arrow within four months of closing (at an annual interest rate of 15%).

Full press release

  • Khiron Life Sciences Corp. Announces Formation of Wellness Business Unit and the Launch of Its First CBD Cosmeceutical Brand

First to market strategy establishes a cosmeceutical brand in the fast-growing Latin America skin care sector with innovative CBD-based consumer products

TORONTO, Sept. 28, 2018 /CNW/ – Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN) (OTCQB: KHRNF) (Frankfurt: A2JMZC), an integrated medical cannabis company with its core operations in Colombia, announced today the creation of Khiron Wellness, and the launch of Kuida®, its first CBD-based skincare brand. With this achievement, Kuida® becomes the first mass-market CBD-based brand approved by INVIMA, Colombia´s health agency, and available for sale in Colombia.

Full press release

  • WeedMD Completes First Shipments of Adult-Use Cannabis

TORONTO, Sept. 28, 2018 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce that it has delivered its first shipments of WeedMD-branded cannabis to contracted provinces ahead of the landmark date of October 17, 2018 – an important milestone for the Company as it successfully ramps up production from its best-in-class cultivation facilities.

Full press release

  • HK Bellawings Jet Limited Firms Up Orders for Six Global Aircraft

    Follows LOI signed at the European Business Aviation Convention & Exhibition (EBACE) in Geneva

    Hong Kong’s third-largest fleet operator firms up order for four Global 6500 and two Global 7500 business jets

    Recently launched Global 6500 jet and the Global 7500 aircraft set the standard with the longest range and the largest cabins in their respective classes – all with Bombardier’s signature smooth ride

    Latest business jets to join HK Bellawings Jet Limited’s existing fleet of Challenger and Global aircraft

MONTREAL, Sept. 28, 2018 (GLOBE NEWSWIRE) — Bombardier announced today that HK Bellawings Jet Limited, the third-largest aircraft management company in Hong Kong, has firmed up an order for four Global 6500 and two Global 7500 business jets, and maintains options for 12 Global aircraft. The order follows the LOI signed at EBACE in Geneva earlier this year. The transaction for the firm order is valued at approximately $370 million US, based on the 2018 list prices for typically equipped aircraft. The value could increase to $1.142 billion US with all options exercised.

Full press release

  • VIVO selects Green Hedge as Distribution Partner for Adult-Use Products

NAPANEE, Ontario, Sept. 28, 2018 (GLOBE NEWSWIRE) — VIVO Cannabis Inc. (TSXV: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company”) is pleased to announce that it has signed a multi-year agreement with national cannabis distributor, Green Hedge Education & Distribution Services Ltd. (“Green Hedge”).

Full press release

Connect with 24/7 Market News on social media

About 24/7 Market News

As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information.  24/7 MN provides comprehensive corporate communications resources and tools to engage the investment community.


24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.

The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable. 24/7MN makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice.   24/7MN and/or its affiliates are not responsible for any gains or losses that result from the opinions expressed and are not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

For further information on 24/7 Market News, please go to 

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan,” or “planned,” “will,” or “should,” “expected,” “anticipates,” “draft,” “eventually,” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and 24/7MN undertakes no obligation to update such statements


24/7 Market News

[email protected]

Add New Playlist